Industry

Bangladesh Garment Factories Shut Following Violent Protests

Textile Insights November 3, 2023

Hundreds of Bangladeshi garment factories stayed closed on Thursday following protests and violence by garment industry workers who are demanding a higher minimum wage. Sources said that around 50 apparel manufacturing factories were vandalised by workers on the outskirts of Dhaka, following

Industry

Bangladesh Minister Assures Garment Workers Of Higher Wages

Textile Insights November 1, 2023

The Bangladesh Minister for Labour, Monnujan Sufian assured workers that the minimum wage would be set higher than that proposed by the Minimum Wage Board, following protests by garment sector workers. The Minister said that there will be another meeting of Minimum Wage Board on November 1 in which concerns of all stakeholders will be […]

Industry

Bangladesh Textile & Garment Sector Tops FDI Chart In FY’23

Textile Insights October 21, 2023

US $1.22 billion in foreign direct investment (FDI) was received by the Bangladesh textile and garment industry and it was the topper among FDI received by various sectors in the country in fiscal 2023. According to Bangladesh Bank, the central bank of Bangladesh, the country received $3.2 billion as FDI in fiscal ending June 2023, […]

Apparel, Fashion, Retail

US Advises Bangladesh To Stop Export Of Counterfeit Apparel

Textile Insights September 25, 2023

As per a statement of the United States Trade Representative (USTR), the US has advised Bangladesh to take action and stop export of counterfeit garments. Previously, the USTR had identified Bangladesh as one of the top five countries from where counterfeit apparels are exported worldwide. The concerns regarding counterfeit clothing were raised during the Trade […]

Sustainability

Bangladesh Tops List With 202 Green Certified Garment Factories

Textile Insights September 21, 2023

Bangladesh which has 202 green certified garment factories tops the list with the maximum number of green certified apparel factories among all countries in the world Bangladesh is currently the second largest worldwide apparel exporter which totaled $45 billion in the previous fiscal ending June 30, 2023. “Additionally, the South Asian country which has a […]

Industry

Bangla Textile Capacity Not Enough To Meet China Plus Orders

Textile Insights September 14, 2023

Bangladesh is the second biggest global garment exporter and shipped apparels totaling US $46.99 billion in previous fiscal and utilised its overall production capacity in doing so. But does it have spare capacity to handle orders diverted from China, under China Plus policy and the US ban on using China’s Xinjiang region cotton in clothing […]

Export

Bangladesh Close To Becoming Biggest Cotton Apparel Exporter

Textile Insights August 16, 2023

Bangladesh is close to surpassing China as the world’s largest cotton apparel exporter amid stronger demand prospects, which are expected to drive cotton consumption higher. This was informed in the latest United States Department of Agriculture (USDA) report, which also forecast Bangladesh cotton consumption to grow by 800,000 bales to 8.0 million bales in 2023-24. […]

Apparel, Fashion, Retail

Bangladesh Now Has 200 LEED Certified Garment Units

Textile Insights August 11, 2023

The Bangladesh garment industry reached the milestone of having 200 LEED (Leadership in Energy and Environmental Design) certified green factories. The LEED certification given by the US Green Building Council (USGBC) is internationally recognised as a symbol of excellence in sustainable building practices. In 2022, a total of 30 garment factories received LEED

Industry

Bangla Skills Training & Smart Textiles Gets $300mn Boost

Textile Insights August 4, 2023

The Asian Development Bank (ADB) has approved a $300 million loan to strengthen the skills base and training programs for Bangladesh’s workforce. The program will build the institutional capacity of training institutions to deliver advanced skills training with technology applications, such as smart textile technologies and green technologies. “The economy of Bangladesh